Fannie and Freddie question

by Russ Roberts on August 21, 2009

in Looking for your help

A question for the practitioners out there. If you were a mortgage originator in the early 1990′s before Fannie and Freddie created their automated software and before the internet, how did you determine if a loan was a “conforming” loan that could be sold to Fannie or Freddie? There are two parts to this question. One,  how did you interact with the borrower to discover information and second, how did you keep up with what Fannie and Freddie required. Anyone with practical experience can write me at russroberts at gmail etc or by clicking the link in the upper left hand corner of this page where it says to email me.

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Anonymous August 23, 2009 at 4:09 am

Ummm, Yeah. I don’t have a clue. But this post looked so lonely, I decided to say something.

Hi Mom! Who’s your favorite son???

Ray Gardner August 23, 2009 at 4:20 am

Is this is a sign of a high turnover rate that we have seemingly every profession under the sun hanging around here, but we can’t find a “veteran” mortgage person?

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